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MARKET OUTLOOKNMDCSTOCK OUTLOOK

NMDC Outlook for the Week (May 06, 2024 – May 10, 2024)

NMDC
NMDC
NMDC closed the previous week on a negative note losing 6.56%.

Technically, NMDC share price will see immediate support at 257.47 and immediate resistance would be seen at 275.17.

If NMDC share price closes below immediate support of 257.47, then sharp breakdown can be seen. NMDC share price will see major support at 245.98 for the week.

On the positive side, immediate resistance will be seen at 275.17. Closing above 275.17, NMDC share price will see a sharp breakout. Major resistance for NMDC share price will be seen at 281.38 for the week.

Trading range for NMDC share price for this week should be between 239.77 on down side and 292.87 on up side.

NMDC Previous Week High: 269.9

NMDC Previous Week Low: 252.2

NMDC Previous Week Range: 17.7 Points

NMDC share price support and resistance for the week (May 06, 2024 – May 10, 2024)

Level Type Value
Resistance 3 292.87
Resistance 2 281.38
Resistance 1 275.17
Support 1 257.47
Support 2 245.98
Support 3 239.77
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{"buy_point":[{"en_ltd":"2024-04-01","en_sup_p_91":"207.86","en_sup_t_91":"200.14","prev_close":"201.75","en_close":"212.60","new_date":"Apr 1","prev_close_no":201}],"sell_point":[]}

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